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Description

We are pleased to present for sale this eight (8) unit investment opportunity at 1116-1122 West Florence Avenue. The subject property is located in the Vermont Knolls neighborhood in Los Angeles. The property was built in 1957 and has an excellent unit mix of three (3) one bedroom/one bath units, two (2) two bedroom/two bath units and three (3) three bedroom/two bath units. Located in Vermont Knolls, this property is conveniently located near major freeways, local businesses and is in close vicinity to the Hollywood Park Redevelopment. This two building offering is situated on a 12156 Sq. Ft., lot and features an on-site laundry facility and a spacious parking lot. This property provides an opportunity for an investor to instantly attain a strong cash flow with the potential to raise rents and increase value.

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